# Endorsement # 14

**This Endorsement, Effective 12:01 A.M.**
**MAY 21, 1999**
**Forms A Part Of**

**Policy Number:** BE 701 41 56
**Issued To:** International Business Machines Corporation
**By:** National Union Fire Insurance Company of Pittsburgh, PA.

## Joint Venture Endorsement

### Section II – Who is Insured
The last unmarked paragraph is amended to read:

The coverage afforded by this endorsement includes the Named Insured's liability arising out of either of the following:
A) That percentage interest as defined by any joint venture, partnership agreement or limited liability company; and/or
B) The total legal liability that may arise in any manner whatsoever out of operations or existence of any joint venture, partnership agreement or limited liability company regardless of any contractual limitation as defined by A.) above.

ALL OTHER TERMS AND CONDITIONS OF THIS POLICY REMAIN UNCHANGED.